Ohio charities turned a profit of more than $100 million from bingo last year — more than any other state — but the revenue generated has declined annually since reaching its peak in 2005.
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Top 10 bingo states
Ohio bingo operators trailed only Minnesota in gross revenue (money before expenses) in fiscal year 2011. Buckeye State bingo operations made more than $100 million profit that year.
North Dakota: $264,020,806
Source: National Association of Fundraising Ticket Manufacturers
Types of bingo licenses
Type I: traditional bingo
Type II: instant tickets sold at traditional bingo sessions
Type III: instant tickets sold at places other that bingo halls, such as VFW and American Legion halls.
The initial license for instant bingo is $500. After the first year the fee is based on sales. Fees range from $500, if gross revenue is $50,000 or less, to $5,000 plus 1 percent of the gross profit, if the total is more than $1 million.
Live chat with Miami Valley Gaming GM
Join us for a live web chat with Jim Simms, president and GM of the Miami Valley Gaming and Racing, at 1 p.m. Friday, Dec. 13. at DaytonDailyNews.com